Bloomberg adding Polymarket election data to Terminal
The move signals the crypto betting market’s growing importance.
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Yearn Finance surges 45% as it joins dog pack with WOOFY
Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. 3841 Total views 28 Total shares Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn…
IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
CoinFLEX resumes withdrawals, limiting users to 10%
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds. 169 Total views 4 Total shares Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. Beginning at…
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics. This should not come as a surprise because Bitcoin price is still 15% below the $69,000 all-time high set on Nov. 10. Just 15 days later, the cryptocurrency…
Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation
Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins made their remarks during an interview on Fortune's crypto-focused news segment The Ledger on Jan 14.The twins’ air time comes as…
Crypto Biz: US dollar exposure via digital assets takes off
This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe.
Chinese National Cryptocurrency Turns Out Not Being an Actual Crypto
The People's Bank of China (PBoC) has completed the development of a prototype for issuing a national cryptocurrency, as Cointelegraph reported on Aug. 11. As it turned out, it will be powered by a two-tier operating system, which, however, will not be fully decentralized.What do we actually know?The fact that China is close to issuing state digital money,…
Memecoins not the ‘right move’ for celebs, but DApps might be — Skale Labs exec
Skale chief marketing officer Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains.